Cenovus Energy Stock

Cenovus Energy Equity 2024

Cenovus Energy Equity

28.7 B CAD

Ticker

CVE.TO

ISIN

CA15135U1093

WKN

A0YD8C

In 2024, Cenovus Energy's equity was 28.7 B CAD, a 4.07% increase from the 27.58 B CAD equity in the previous year.

Cenovus Energy Aktienanalyse

What does Cenovus Energy do?

Cenovus Energy Inc. is a Canadian company that started operating in 2009. Its headquarters are located in Calgary, Alberta. However, the company's history dates back to 1881 when the Canadian Pacific Railway was founded. Over the following decades, the company became one of the largest in Canada and soon began to venture into the energy generation sector. When Canadian Pacific Railway acquired PanCanadian Energy Corporation in 2001, it transformed into an independent company known as EnCana Corporation. After some restructuring, Cenovus Energy Inc. was finally established in 2009 as an independent company. Cenovus Energy Inc.'s business model focuses on the exploration and production of oil and gas in both Canada and the United States. Various methods are used to access these valuable resources, with oil sands extraction playing a particularly significant role in extracting oil from the vast reserves in Alberta and Saskatchewan. Overall, Cenovus Energy Inc. can be divided into three main segments: - Exploration & Production: This involves searching for oil and gas reserves, as well as developing and operating extraction facilities. - Conventional Oil: This segment focuses on the extraction of conventional oil using traditional methods. - Refining & Marketing: This involves processing crude oil into various products such as gasoline, lubricants, and heating oil, which are then sold. Cenovus Energy has become one of the largest energy companies in Canada, employing over 8,000 employees. The company is listed on the Toronto Stock Exchange and the New York Stock Exchange. Cenovus Energy's products mainly include various oil and gas products that are marketed both domestically and internationally, with a focus on supplying North American companies. However, renewable energy production is not part of Cenovus Energy's core business. Cenovus Energy is also actively working to make its production more environmentally friendly. The company has significantly expanded its investment program in renewable energy to meet the energy needs of its production facilities. Additionally, technologies to reduce CO2 emissions are being implemented, and recycling processes are being developed. Overall, Cenovus Energy Inc. is an important player in the Canadian and North American energy industry. However, its focus on extracting fossil fuels also places it within the discussion on sustainable environmental practices and transitioning to renewable energy sources. Cenovus Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Cenovus Energy's Equity

Cenovus Energy's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Cenovus Energy's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Cenovus Energy's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Cenovus Energy's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Cenovus Energy’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Cenovus Energy stock

What is the equity of Cenovus Energy this year?

Cenovus Energy has equity of 28.7 B CAD this year.

What was the equity of Cenovus Energy compared to the previous year?

The equity of Cenovus Energy has increased/decreased by 4.07% increased compared to the previous year.

What impact does a high equity have on investors of Cenovus Energy?

A high equity is advantageous for investors of Cenovus Energy as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Cenovus Energy?

A low equity can be a risk for investors of Cenovus Energy, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Cenovus Energy affect the company?

An increase in equity of Cenovus Energy can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Cenovus Energy affect the company?

A reduction in equity of Cenovus Energy can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Cenovus Energy?

Some factors that can affect the equity of Cenovus Energy include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Cenovus Energy so important for investors?

The equity of Cenovus Energy is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Cenovus Energy take to change the equity?

To change equity, Cenovus Energy can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Cenovus Energy pay?

Over the past 12 months, Cenovus Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cenovus Energy is expected to pay a dividend of 0.79 CAD.

What is the dividend yield of Cenovus Energy?

The current dividend yield of Cenovus Energy is .

When does Cenovus Energy pay dividends?

Cenovus Energy pays a quarterly dividend. This is distributed in the months of June, July, October, January.

How secure is the dividend of Cenovus Energy?

Cenovus Energy paid dividends every year for the past 18 years.

What is the dividend of Cenovus Energy?

For the upcoming 12 months, dividends amounting to 0.79 CAD are expected. This corresponds to a dividend yield of 3.75 %.

In which sector is Cenovus Energy located?

Cenovus Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Cenovus Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cenovus Energy from 12/31/2024 amounting to 0.18 CAD, you needed to have the stock in your portfolio before the ex-date on 12/13/2024.

When did Cenovus Energy pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Cenovus Energy in the year 2023?

In the year 2023, Cenovus Energy distributed 0.464 CAD as dividends.

In which currency does Cenovus Energy pay out the dividend?

The dividends of Cenovus Energy are distributed in CAD.

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Andere Kennzahlen von Cenovus Energy

Our stock analysis for Cenovus Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cenovus Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.